KUALA LUMPUR: Golden Land Bhd officially opened its sales gallery in Setia Alam, Shah Alam over the weekend to market its high-rise freehold serviced apartments Anggun in the same location.
The company, which started operations in the timber industry, diversified into the oil palm business in Sabah. Its plantation land bank stands at more than 73,000 hectares with a sizeable presence in Indonesia.
The company went into the property development business in 2015.
Golden Land executive director Jessica Yap (pic) said: “Setia Alam is an appealing green neighbourhood that will continue to attract new homeseekers. A generation who grew up here are now leaving the nest and will be looking for quality living options close to their (family) home.”
Yap said Golden Land Bhd would like to address this need. The company is offering 500 units over two blocks with built-up areas of between 560 sq ft and 1,227 sq ft.
There will be 56 dual key units with built-up areas of 1,227 sq ft, 56 units of 560 sq ft.
The rest are three-bedroom units between 926 and 990 sq ft.
It will be developed by subsidiary Spectrum 88 Sdn Bhd. The project sits on 3.59 acres and will have a one-acre facilities deck and will have a gross development value of RM280mil.
Property consultancy Henry Butcher chief operating officer Tang Chee Meng said Anggun is Golden Land’s first serviced apartment project in the Klang Valley. It has an industrial project in Penang.
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